21ST DECEMBER 2017

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MCHI-CREDAI

MCHI NEWS

     

Slowdown in property sales: High demand for homes but buyers aren’t many

Publication: HINDUSTAN TIMES Date : 21 DECEMBER 2017
The slowdown in property sales happened 4 years ago, propelled by high prices. Analysts say buyers are back but are too few in number to pull the business out of the slump

IMMOVABLE PROPERTY NEWS

     

Lok Sabha passes Immovable Property (Amendment) Bill

Publication: HINDUSTAN TIMES Date : 21 DECEMBER 2017
A bill to amend the regulations governing compensation payable for acquisition of immovable property by the Centre for defence and security purposes, was passed by the Lok Sabha today.

CITY NEWS

     

20,000 trees set on fire in the dead of night

Publication: MUMBAI MIRROR Date : 21 DECEMBER 2017
The stamp duty authorities had slapped the penalty on Bellisimo Crown Buildmart, formerly known as Lodha Crown Buildmart,
     

Govt sop for Mumbai’s slumdwellers: Those that built shanties till Jan 2011 can be rehabilitated

Publication: HINDUSTAN TIMES Date : 21 DECEMBER 2017
The state Assembly on Wednesday cleared an amendment in the Maharashtra Slum Areas Act, 1971, to enable the government to provide houses to ‘ineligible’
     

Mhada tells Bombay high court it is yet to get 13k sqm land from redevelopers

Publication: HINDUSTAN TIMES Date : 21 DECEMBER 2017
The Maharashtra Housing and Area Development Authority (Mhada) told the Bombay high court on Wednesday that it was yet to recover 13,126 square meters of constructed area from the redevelopers
     

Maharashtra RERA reiterates selling open car parking space not allowed

Publication: ET REALTY Date : 20 DECEMBER 2017
MUMBAI: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has asked developer Arkade Realty to not to sell open car parking in the project and allow the complainant homebuyer to park his car inside

REALTY NEWS

     

Reformed realty to ride out rough road

Publication: MONEYLIFE Date : 21 DECEMBER 2017
The year 2017 could well go down as one of the most painful for the bruised real estate and housing sector, reeling under the short-term disruptive impact of a series of reforms.
     

Godrej Appliances to hike prices of fridge, AC by 3-6%

Publication: BUSINESS LINE Date : 21 DECEMBER 2017
MUMBAI, NOV 12: Godrej Appliances, the consumer durables division of the Godrej group, plans to increase prices of its refrigerators and air-conditioners by 3-6 per cent due to higher input cost.
     

Altico Capital invests Rs 1,250 crore in 5 realty deals

Publication: ET REALTY Date : 20 DECEMBER 2017
In a written reply in the Lok Sabha, Housing and Urban Affairs minister Hardeep Singh Puri said various steps have been taken by the ministry to deal

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